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Bank of Japan Governor Ueda says higher CPI is supply-driven inflation

Bank of Japan Governor Ueda In response to supply-driven inflation, central banks' decision making faces the difficult dilemma between considerations of economic activity and the need to tackle surging inflationIncrease in inflationary pressure has been caused by supply factors such as a rapid rise in commodity prices, labour shortages, and disruptions to supply chainsRecent global inflation has also been influenced by demand factors, including the effects of expansionary fiscal and monetary po... Read More

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Content Topics

Bank

Japan

Governor

Ueda

Says

Higher

Supply

Driven

Inflation

Supply driven

Forex

Posted: May 31 2023, 00:09

Author Name: forexlive

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